Education is no exception to the evolution of technology and a fresh learning teaching method has taken place however not within classroom walls but within cyberspace.

eLearning provides the same teaching course provided by the original schools but it is powered by probably the most information packed medium today, the Internet. Through this, students can study online and their progress are monitored through an application software called online Learning Management System.

This learning managing system is used in education, administration and corporate setup because of its multiple functions. It is utilized by colleges and universities to assess and monitor their learning progress of the students that are taking online courses. This system is also employed by corporate companies in training their existing workforce and could be employees. In corporate training, this technique guides the employee through a series of training program around designating them with their suitable position on the basis of the assessment of the reports gathered.

The internet learning management software represented $860 M market in 2009, this comprises 60 different providers. The six biggest LMS product companies constitute roughly 50% of the sum total, smaller product vendors, training outsourcing firm, consulting firms and enterprise resource planning vendors completes the market.

The training managing system sounds very promising but based on the survey conducted by American Society for Training and Development or ASTD and the E-Learning Guild, respondents say they are unsatisfied with LMS. The number of unsatisfied purchasers of the machine doubled while people who were very satisfied decrease by 25%. Many clients of the online learning managing system are not contented with the system they've acquired and they seek advanced versions of the earlier purchased program. Almost a quarter of buyers designed to replace and purchase a new LMS or outsource their LMS functionality over the next 12 months. Perhaps the online learning managing system couldn't meet the requirement of the education industry; perhaps something is missing from it.

Your competition is tough nowadays customers are buying a "complete package" in these products and services they wish to purchase. The learning managing system can not be considered as a whole package. Unfortunately even when the LMS includes a wide variety of function it still lacks one thing: It cannot provide a unique learning content. The advent of Learning Content Management System cannot be stopped, LCMS it is a more advance version of LMS, it has exactly the same function of its prototype system nevertheless it can create, store, reuse learning content from a central object repository.

The newly developed Learning Content Managing System has been accepted in the online learning industry nonetheless it really has a great deal to prove for it to be viewed as a perfect online learning managing system. It's features will soon be put to the test and system flaws will be uncovered, how will LCMS fair? Only time can tell.

The teaching and training industry has greatly leaped from the old traditional ways. The rise of the Internet has almost made the standard practices obsolete, with an easy click here and click there online research beats browsing through a lot of books while getting the same information or possibly a far detailed version of it. Online Learning Management System is one of many technological advancement developed for the improvement of the education system, but nonetheless there is always room for improvement and man will continue to produce more advanced teaching and learning systems.